Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the dividend payout ratio high or low?
The dividend payout ratio of 36.53% is 23% above its 5-year average of 29.74%, near the low end of its 5-year range (11.98%–214.48%).
As of Monday, October 5, 2026. 2.30% below its 12-month average of 37.39%.
Dividend Payout Ratio (36.53%) = TTM Dividends/Share ($1.79) / TTM EPS ($4.90)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
36.53%
DIVIDEND PAYOUT RATIO AVG TTM
37.39%
DIVIDEND PAYOUT RATIO AVG 3Y
67.37%
DIVIDEND PAYOUT RATIO AVG 5Y
29.74%
DIVIDEND PAYOUT RATIO AVG 10Y
28.29%
DIVIDEND PAYOUT RATIO AVG 15Y
25.48%
DIVIDEND PAYOUT RATIO AVG 20Y
22.93%
CURRENT VS TTM AVG
-2.30%
CURRENT VS 3Y AVG
-45.77%
CURRENT VS 5Y AVG
+22.84%
CURRENT VS 10Y AVG
+29.15%
CURRENT VS 15Y AVG
+43.35%
CURRENT VS 20Y AVG
+59.31%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $4.69 | $1.71 | 36.5% |
| 2024-12-31 | $1.43 | $1.55 | 108.4% |
| 2023-12-31 | $5.60 | $1.41 | 25.2% |
| 2022-12-31 | $5.37 | $1.28 | 23.8% |
| 2021-12-31 | $3.78 | $1.16 | 30.7% |
| 2020-12-31 | $1.17 |
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-10-05 | 36.53% |
| 2026-10-02 | 36.53% |
| 2026-10-01 | 36.53% |
| 2026-09-30 | 36.52% |
| 2026-09-29 | 36.53% |
| 2026-09-28 | 36.54% |
| 2026-09-25 | 36.54% |
| 2026-09-24 | 36.53% |
| 2026-09-23 | 36.52% |
| 2026-09-22 | 36.53% |
| 2026-09-21 | 36.53% |
| 2026-09-18 | 36.53% |
| 2026-09-17 | 36.54% |
| 2026-09-16 | 36.54% |
| 2026-09-15 | 36.53% |
| 2026-09-14 | 36.54% |
| 2026-09-11 | 36.54% |
| 2026-09-10 | 36.54% |
| 2026-09-09 | 36.54% |
| 2026-09-08 | 36.54% |
| 2026-09-04 | 36.52% |
| 2026-09-03 | 36.52% |
| 2026-09-02 | 36.52% |
| 2026-09-01 | 36.53% |
| 2026-08-31 | 36.54% |
| 2026-08-28 | 36.54% |
| 2026-08-27 | 36.54% |
| 2026-08-26 | 36.53% |
| 2026-08-25 | 36.54% |
| 2026-08-24 | 36.53% |
| 2026-08-21 | 36.53% |
| 2026-08-20 | 36.52% |
| 2026-08-19 | 36.52% |
| 2026-08-18 | 36.52% |
| 2026-08-17 | 36.53% |
| 2026-08-14 | 36.52% |
| 2026-08-13 | 36.54% |
| 2026-08-12 | 36.52% |
| 2026-08-11 | 36.54% |
| 2026-08-10 | 36.54% |
| 2026-08-07 | 36.54% |
| 2026-08-06 | 36.53% |
| 2026-08-05 | 38.99% |
| 2026-08-04 | 39.00% |
| 2026-08-03 | 38.99% |
| 2026-07-31 | 38.99% |
| 2026-07-30 | 38.99% |
| 2026-07-29 | 39.00% |
| 2026-07-28 | 38.99% |
| 2026-07-27 | 39.01% |
| 2026-07-24 | 39.01% |
| 2026-07-23 | 39.00% |
| 2026-07-22 | 38.99% |
| 2026-07-21 | 39.00% |
| 2026-07-20 | 39.00% |
| 2026-07-17 | 39.01% |
| 2026-07-16 | 39.00% |
| 2026-07-15 | 39.00% |
| 2026-07-14 | 39.01% |
| 2026-07-13 | 38.99% |
| 2026-07-10 | 38.99% |
| 2026-07-09 | 39.01% |
| 2026-07-08 | 39.01% |
| 2026-07-07 | 39.00% |
| 2026-07-06 | 38.99% |
| 2026-07-02 | 38.99% |
| 2026-07-01 | 38.99% |
| 2026-06-30 | 38.99% |
| 2026-06-29 | 38.99% |
| 2026-06-26 | 38.99% |
| 2026-06-25 | 38.99% |
| 2026-06-24 | 39.00% |
| 2026-06-23 | 39.00% |
| 2026-06-22 | 39.00% |
| 2026-06-18 | 38.99% |
| 2026-06-17 | 39.00% |
| 2026-06-16 | 38.99% |
| 2026-06-15 | 38.99% |
| 2026-06-12 | 38.99% |
| 2026-06-11 | 39.01% |
| 2026-06-10 | 39.00% |
| 2026-06-09 | 39.01% |
| 2026-06-08 | 39.00% |
| 2026-06-05 | 39.00% |
| 2026-06-04 | 39.00% |
| 2026-06-03 | 39.00% |
| 2026-06-02 | 39.00% |
| 2026-06-01 | 39.00% |
| 2026-05-29 | 39.00% |
| 2026-05-28 | 39.00% |
| 2026-05-27 | 39.00% |
| 2026-05-26 | 39.01% |
| 2026-05-22 | 39.00% |
| 2026-05-21 | 38.99% |
| 2026-05-20 | 39.00% |
| 2026-05-19 | 57.31% |
| 2026-05-18 | 37.25% |
| 2026-05-15 | 37.26% |
| 2026-05-14 | 37.26% |
| 2026-05-13 | 37.25% |
| 2026-05-12 | 37.27% |
| 2026-05-11 | 37.26% |
| 2026-05-08 | 36.54% |
| 2026-05-07 | 36.55% |
| 2026-05-06 | 36.55% |
| 2026-05-05 | 36.54% |
| 2026-05-04 | 36.53% |
| 2026-05-01 | 36.55% |
| 2026-04-30 | 36.53% |
| 2026-04-29 | 36.55% |
| 2026-04-28 | 36.55% |
| 2026-04-27 | 36.54% |
| 2026-04-24 | 36.55% |
| 2026-04-23 | 36.54% |
| 2026-04-22 | 36.54% |
| 2026-04-21 | 36.55% |
| 2026-04-20 | 36.54% |
| 2026-04-17 | 36.54% |
| 2026-04-16 | 36.53% |
| 2026-04-15 | 36.53% |
| 2026-04-14 | 36.53% |
| 2026-04-13 | 36.54% |
| 2026-04-10 | 36.55% |
| 2026-04-09 | 36.53% |
| 2026-04-08 | 36.54% |
| 2026-04-07 | 36.53% |
| 2026-04-06 | 36.55% |
| 2026-04-02 | 36.55% |
| 2026-04-01 | 36.55% |
| 2026-03-31 | 36.53% |
| 2026-03-30 | 36.54% |
| 2026-03-27 | 36.54% |
| 2026-03-26 | 36.53% |
| 2026-03-25 | 36.54% |
| 2026-03-24 | 36.54% |
| 2026-03-23 | 36.53% |
| 2026-03-20 | 36.54% |
| 2026-03-19 | 36.55% |
| 2026-03-18 | 36.53% |
| 2026-03-17 | 36.55% |
| 2026-03-16 | 36.55% |
| 2026-03-13 | 36.53% |
| 2026-03-12 | 36.55% |
| 2026-03-11 | 36.53% |
| 2026-03-10 | 36.55% |
| 2026-03-09 | 36.53% |
| 2026-03-06 | 36.54% |
| 2026-03-05 | 36.54% |
| 2026-03-04 | 36.54% |
| 2026-03-03 | 36.54% |
| 2026-03-02 | 36.54% |
| 2026-02-27 | 36.53% |
| 2026-02-26 | 36.55% |
| 2026-02-25 | 36.54% |
| 2026-02-24 | 36.53% |
| 2026-02-23 | 36.55% |
| 2026-02-20 | 36.53% |
| 2026-02-19 | 36.53% |
| 2025-11-05 | 214.47% |
| 2025-11-04 | 214.48% |
| 2025-11-03 | 214.48% |
| 2025-10-31 | 214.48% |
| 2025-10-30 | 214.46% |
| 2025-10-29 | 214.46% |
| 2025-10-28 | 214.48% |
| 2025-10-27 | 214.47% |
| 2025-10-24 | 214.48% |
| 2025-10-23 | 214.47% |
| 2025-10-22 | 214.48% |
| 2025-10-21 | 214.47% |
| 2025-10-20 | 214.47% |
| 2025-10-17 | 214.47% |
| 2025-10-16 | 214.48% |
| 2025-10-15 | 214.47% |
| 2025-10-14 | 214.46% |
| 2025-10-13 | 214.47% |
| 2025-10-10 | 214.47% |
| 2025-10-09 | 214.47% |
| 2025-10-08 | 214.47% |
| 2025-10-07 | 214.47% |
| 2025-10-06 | 214.48% |
| 2025-10-03 | 214.48% |
| 2025-10-02 | 214.46% |
| 2025-10-01 | 214.47% |
| 2025-09-30 | 214.48% |
| 2025-09-29 | 214.46% |
| 2025-09-26 | 214.48% |
| 2025-09-25 | 214.47% |
| 2025-09-24 | 214.47% |
| 2025-09-23 | 214.48% |
| 2025-09-22 | 214.47% |
| 2025-09-19 | 214.47% |
| 2025-09-18 | 214.47% |
| 2025-09-17 | 214.48% |
| 2025-09-16 | 214.47% |
| 2025-09-15 | 214.48% |
| 2025-09-12 | 214.47% |
| 2025-09-11 | 214.48% |
| 2025-09-10 | 214.48% |
| 2025-09-09 | 214.47% |
| 2025-09-08 | 214.48% |
| 2025-09-05 | 214.47% |
| 2025-09-04 | 214.47% |
| 2025-09-03 | 214.48% |
| 2025-09-02 | 214.47% |
| 2025-08-28 | 214.47% |
| 2025-08-26 | 214.48% |
| 2025-08-22 | 214.47% |
| 2025-08-20 | 214.48% |
| 2025-08-18 | 214.48% |
| 2025-08-14 | 214.48% |
| 2025-08-12 | 214.48% |
| 2025-08-08 | 214.48% |
| 2025-08-06 | 153.77% |
| 2025-08-04 | 153.78% |
| 2025-07-31 | 153.78% |
| 2025-07-29 | 153.78% |
| 2025-07-25 | 153.77% |
| 2025-07-23 | 153.77% |
| 2025-07-21 | 153.77% |
| 2025-07-17 | 153.78% |
| 2025-07-15 | 153.77% |
| 2025-07-11 | 153.77% |
| 2025-07-09 | 153.77% |
| 2025-07-07 | 153.78% |
| 2025-07-02 | 153.77% |
| 2025-06-30 | 153.77% |
| 2025-06-26 | 153.77% |
| 2025-06-24 | 153.77% |
| 2025-06-20 | 153.78% |
| 2025-06-17 | 153.77% |
| 2025-06-13 | 153.77% |
| 2025-06-11 | 153.78% |
| 2025-06-09 | 153.78% |
| 2025-06-05 | 153.77% |
| 2025-06-03 | 153.77% |
| 2025-05-30 | 153.77% |
| 2025-05-28 | 153.77% |
| 2025-05-23 | 153.78% |
| 2025-05-21 | 153.77% |
| 2025-05-19 | 74.53% |
| 2025-05-15 | 146.22% |
| 2025-05-13 | 146.23% |
| 2025-05-09 | 110.71% |
| 2025-05-07 | 110.71% |
| 2025-05-05 | 110.72% |
| 2025-05-01 | 110.71% |
| 2025-04-29 | 110.71% |
| 2025-04-25 | 110.72% |
| 2025-04-23 | 110.71% |
| 2025-04-21 | 110.72% |
| 2025-04-16 | 110.72% |
| 2025-04-14 | 110.72% |
| 2025-04-10 | 110.71% |
| 2025-04-08 | 110.71% |
| 2025-04-04 | 110.72% |
| 2025-04-02 | 110.71% |
| 2025-03-31 | 110.72% |
| 2025-03-27 | 110.71% |
| 2025-03-25 | 110.71% |
Showing the most recent 260 of 2,106 data points. The chart above shows the full history.
| $1.04 |
| 88.9% |
| 2019-12-31 | $4.58 | $1.02 | 22.3% |
| 2018-12-31 | $3.48 | $0.89 | 25.6% |
| 2017-12-31 | $2.56 | $0.77 | 30.1% |
| 2016-12-31 | $3.39 | $0.67 | 19.8% |
| 2015-12-31 | $4.96 | $0.61 | 12.3% |
| 2014-12-31 | $3.45 | $0.55 | 15.9% |
| 2013-12-31 | $3.29 | $0.50 | 15.2% |
| 2012-12-31 | $2.89 | $0.00 | 0.0% |
| 2011-12-31 | $2.07 | $0.00 | 0.0% |
| 2010-12-31 | $3.10 | $0.00 | 0.0% |
| 2009-12-31 | $0.27 | $0.05 | 18.5% |
| 2008-12-31 | $0.53 | $0.10 | 18.9% |
| 2007-12-31 | $1.23 | $0.09 | 7.3% |
| 2006-12-31 | $0.47 | $0.12 | 25.5% |
| 2005-12-31 | ($5.00) | $0.07 | N/A (Loss) |
| 2004-12-31 | $0.25 | $0.06 | 24.0% |
| 2003-12-31 | $2.17 | $0.03 | 1.2% |
| 2002-12-31 | $2.21 | $0.03 | 1.1% |
